Morningstar Expands Hedge Fund Data Offerings
July 10, 2006
Morningstar has added hedge fund information to its website for individual investors and to its adviser workstation for financial planners, rounding out the availability of the information, which heretofore had only been available to institutional customers since 2005.
Individual investors who are accredited and who are premium members of Morningstar's website, along with subscribers to Morningstar Advisor Workstation Office Edition, will be able to view the strategy, risk/return metrics, performance, fees, management background and purchase requirements on the 3,000 hedge funds in the investment research company's database.
Morningstar hedge fund analyst research reports will be available on Morningstar Direct, the company's research platform for institutional clients. The company began assembling the database two years ago and plans to expand it further.
"With more than $1.5 trillion in assets, hedge funds have fast become a significant vehicle for investment," said Joe Mansueto, chairman and CEO of Morningstar.
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